Arma Partners advises Vero Software on sale to Hexagon

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Arma Partners acted as exclusive financial advisor to Vero Software on its sale to Hexagon AB.

Founded in 1988 and with headquarters in the UK, Vero is an independent provider of computer aided manufacturing software, with a presence in over 40 countries and more than 20,000 customers on maintenance worldwide.

Backed by technology investors Battery Ventures, Vero is a high growth company which recently achieved 24th place in the UK’s Sunday Times Profit Track 100 league table.

Hexagon is a provider of integrated design, measurement and visualisation technologies worldwide. Vero will allow Hexagon to extend the reach of its newly developed metrology planning software to include manufacturing planning software.